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TheMuser TheMuser GOLD, 60, Long ,
GOLD: Gold position at the FOMC announcement.
98 2 1
GOLD, 60 Long
Gold position at the FOMC announcement.

I have a hunch that we will end up in this yellow triangle at 2:00 EST when the FOMC announces their rate decision. We have two long-term trend lines converging at that point in time. While I seriously doubt that the FED will raise rates this week, I can't help but feel that this is already factored in to the price of precious metals and the USD. It very well ...

TheMuser TheMuser XAUUSD, D,
XAUUSD: Short-term future for gold
140 3 5
Short-term future for gold

I think that we will continue to see consolidation in this bull flag until the FOMC meeting.

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